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Which of the following bonds will have the larger price change (dollar value) for a 75-basis point change in yield? A. A $120 dollar bond
Which of the following bonds will have the larger price change (dollar value) for a 75-basis point change in yield?
A. A $120 dollar bond with duration 2.25
B. A $70 dollar bond with duration 3.25
C. A $160 dollar bond with duration 1.75
D. A $200 dollar bond with duration 1.25
E. A $300 dollar bond with duration 0.75
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